Tue, 06 Nov 2018 16:01
2.5% currency-conversion fee dropped for using TMB All Free Debit Card abroad
TMB Bank has added a new product feature to its TMB All Free Debit Card for overseas usage, which allows cardholders to make payments when they travel abroad without being charged a 2.5-per-cent currency-exchange fee on top of each amount spent.
Tue, 06 Nov 2018 06:38
Mining bitcoin uses more energy than Denmark: study
Extracting a dollar's worth of cryptocurrency such as bitcoin from the deep Web consumes three times more energy than digging up a dollar's worth of gold, researchers said Monday.
Fri, 02 Nov 2018 01:00
FITCH ‘BBB PLUS’ FOR IDR OF AWN
Fitch Ratings has assigned Thailand-based telecommunications company Advanced Wireless Network Co Ltd (AWN) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) of'BBB+'.
Wed, 31 Oct 2018 10:33
Indian tourist arrested for exchanging fake UK banknotes
An Indian woman was arrested at a hotel on Koh Samui in Surat Thani on Tuesday after allegedly handing over counterfeit UK currency at an exchange booth.
Wed, 24 Oct 2018 01:00
Like any gold rush, cryptocurrency frenzy is full of cut-throats
Cryptocurrency traders in the US have approached the regulators and requested they regulate and legitimise the industry.
Fri, 19 Oct 2018 01:00
Industry confidence index drops slightly
Thailand’s industry confidence index in September dropped by one point to 91.5 compared to August due to concerns about rising oil prices and the strengthening of the currency, Supant Mongkolsuthree, chairman of the Federation of Thai Industries told a press conference yesterday.
Thu, 18 Oct 2018 01:00
Fitch affirms ratings for AIS
Fitch Ratings has affirmed Thailand-based telecommunications company Advanced Info Service Plc’s (AIS) long-term foreign and local-currency Issuer Default Ratings (IDR) at “BBB+'” with a stable outlook.
Sat, 13 Oct 2018 16:08
IMF members pledge to avoid competitive currency devaluations
Economic chiefs from countries around the world - including China and the US, which have been warring over the falling yuan - pledged on Saturday (Oct 13) to refrain from competitive devaluations of their currencies.
Sat, 13 Oct 2018 14:54
'Window of opportunity narrowing' on global growth: IMF
The window of opportunity to keep global growth on track is "narrowing" amid trade disputes and emerging markets crises, the IMF said Saturday, and cautioned against currency wars as a US-China spat threatens to boil over.
Fri, 12 Oct 2018 01:00
Yuan’s popularity continues to grow steadily, with reason
Marking the first time a new currency has been added since the inauguration of the euro in 1999, the International Monetary Fund’s inclusion of the yuan in its special drawing rights basket two years ago was hailed by China as a “milestone” and “affirmation” of the country’s financial reform and opening-up.
Tue, 02 Oct 2018 01:00
Tech Bureau gets order on improvement after attacks
JAPANS’S Financial Services Agency has issued a business improvement order to cryptocurrency exchange operator Tech Bureau Corp over a cyber-attack that stole about 7-billion yens worth of virtual currencies from the exchange earlier this month.
Thu, 20 Sep 2018 10:14
$60 million in virtual currency hacked in Japan
Digital currency worth around 6.7 billion yen ($60 million) has been stolen in Japan following a hacking attack, a virtual exchange operator said on Thursday.
Tue, 11 Sep 2018 15:10
Eurozone headwinds to test ECB's confidence
With trade tensions, an Italian government bucking at deficit limits and emerging market currency woes threatening the eurozone, observers will look to the European Central Bank for reassurance Thursday, while policymakers strive to project stability.
Thu, 06 Sep 2018 08:43
Jakarta hikes import duties to ease pressure on rupiah
Indonesia raised taxes on around 1,140 types of goods - from electronics to luxury cars - yesterday in a bid to curb fast-surging imports and avert a further drop of its currency value amid rising external pressure.
Tue, 04 Sep 2018 01:00
Line eyes launch of crypto token, blockchain network
LINE, the Japan-based mobile messenger operator owned by South Korea’s Naver, has announced plans to launch its own cryptocurrency and an underlying blockchain network to support it, in a move to attract more users to the Line business ecosystem.